The barrier of $113,400 has been broken! 🤯 The price of Bitcoin has just fallen below its 100-day moving average, and honestly, it feels like the market is playing limbo with our nerves. If you have been in this for a while, you know that this movement is not good news for the bulls 🐂. Let's break this down to see where we stand.

Look, the news is that Bitcoin (BTC) turned super bearish after a sudden drop. On the daily chart, the price got stuck in a tightly packed technical sandwich: it is below the 100-day average ($113K) and above the 200-day average ($104K). Traders call this the "No Man's Land." It's a place where no one knows what's going to happen. 🤷‍♂️

But be careful, there is a critical line: the lower limit of a descending channel near $109,000. If buyers (the bulls) do not defend that area, the price will go straight to test the 200-day moving average and, what scares us the most, the psychological demand zone of $100,000 to $102,000. That’s where the game gets serious.

The Aggressive Rejection and the Hidden Side of Liquidity 📉

In the short term (4-hour chart), we received an aggressive rejection when we tried to touch $117,000. It was like a punch that unleashed the selling and sent us to this key demand zone just below $110,000.

Why is this important for you? Because if that demand zone ($109,000-$110,000) does not hold, the path is clear for a strong crash towards $100,000. The thing is that the liquidation heat map reveals something key:

  1. There were a lot of liquidations (stop-loss) just above $117,000. When we got there, all that liquidity was activated, causing the brutal drop. 💥

  2. Now, the map is "clean" below the current price. That means sellers no longer have easy targets (liquidity) to push the price lower... for now.

This is a breather. It could limit falls temporarily while BTC stabilizes around $109,000. But if a new flow of sell orders is generated, that "cleaning" will be useless.

Real Impact: How Does It Affect Your Future and Your Money? 💰

Friend, this is crucial. That Bitcoin is in the "No Man's Land" means maximum uncertainty for everyone.

  • For Investors: If you have BTC, prepare for volatility. This fight between $109K and $113K is going to be brutal. If it breaks $109,000, we could see a quick and painful drop. If it breaks $113,000, we can breathe again.

  • For the Ecosystem: When the "king" stumbles, the whole altcoin market feels it. Expect to see red numbers everywhere until BTC defines its path.

The key is: the supply (sellers) dominates for now at the ceiling of $117,000, and the demand (buyers) has to defend the base of $109,000. The next move of your portfolio depends on who wins this battle.

Do you think the bulls have the strength to defend $109,000 or will we see a quick visit to the feared $100,000? It’s time to be ultra-attentive to the candles.$BTC